The Board of Directors of the Interamerican Society of Psychology (SIP) presents this award to a psychologist every two years. SIP bestows several awards for outstanding contributions supporting the development of psychology as a science and a profession in the Americas. This award is given in two categories:

A professional whose work is primarily disseminated in English or French and

A professional whose work is primarily disseminated in Spanish or Portuguese. This second award is named for Rogelio Díaz-Guerrero as a tribute to one of the original founders of SIP.

Every two years, SIP awards a prize for the best article published in the Interamerican Journal of Psychology (RIP) within the previous two immediate years. The award plaque for this honor is presented at the opening Ceremony of the Interamerican Congress. The editor of the journal (RIP) creates an award committee to evaluate the articles and select a winner. The journal editor, with the support of the Board of Directors, selects a coordinator of this committee to organize and lead the review process. This coordinator should be a member of the editorial consulting board of the journal and be available and willing to perform this task. The selected individual may only be coordinator of this award committee for a maximum of two award cycles and then may recommend a successor. This is intended to promote individuals with a variety of perspectives facilitating this review of journal articles.

In 2004, the Foundation for the Advancement of Psychology (FAP) established and award named the “Rubén Ardila Award for Scientific Research in Psychology”. This award is intended to recognize the lifetime contributions of a psychologist to scientific investigation in the field of psychology. Nominees for this award are evaluated by a joint group formed from representatives of the Interamerican Society of Psychology (SIP), the International Union of Psychological Science (IUPsyS), and the Foundation for the Advancement of Psychology (FAP). The award is presented every two years at the Interamerican Congress of SIP.

Since 1991, the Ignacio Martín Baro Student Award (formerly the Interamerican Student Award) has been awarded in recognition of the research of psychology students in their postgraduate licensure theses. The Interamerican Society of Psychology (SIP) calls undergraduate and graduate students to compete for Student Awards for Research in Psychology every two years. These awards are given during the Interamerican Congress of Psychology. There are two awards: